Ensuring Good Governance and Preventing Corruption in the Planning of Major Sporting Events – Open Issues

Hamburg Contemporary Economic Discussions No. 51, 2015

18 Pages Posted: 2 Jun 2017

See all articles by Wolfgang Maennig

Wolfgang Maennig

Universität Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: July 2015

Abstract

International sports will have to strengthen their efforts to exclude persons with morals in conflict with their sports. IOC and FIFA should mirror their top ambitions in athletic and financial areas by similarly leading ambitions to serve human mankind more generally. To encounter critiques that the organizing of major sporting events are "elitist actions" IOC and FIFA should declare ex-ante referenda as a precondition for bidding. In order to reduce the funds available for corruption, the role of public finance in major sporting events should be overthought. At least broadcasters under public law public should be excluded from the bidding for TV. FIFA and other sporting federations should make public their payments to member federations etc. and the underlying decision criteria.

Keywords: Corruption, FIFA, good governance, major sporting events, referenda, public finance

JEL Classification: L83

Suggested Citation

Maennig, Wolfgang, Ensuring Good Governance and Preventing Corruption in the Planning of Major Sporting Events – Open Issues (July 2015). Hamburg Contemporary Economic Discussions No. 51, 2015, Available at SSRN: https://ssrn.com/abstract=2973288 or http://dx.doi.org/10.2139/ssrn.2973288

Wolfgang Maennig (Contact Author)

Universität Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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